Foxconn's FIH pours $2.2M into Singaporean social media firm mig33

FIH, a handset manufacturing service provider of Foxconn, poured $2.2 million into Singaporean social media site mig33 to help the latter preload its apps into tens of millions of mobile phones every month.


New York food delivery site Delivery.com launches in Hong Kong

New York City, US-based online food ordering and delivery site Delivery.com launched in Hong Kong to take advantage of the lucrative food market and the busy corporate environment of the Asian country.

US online publisher Glam rebrands as Mode Media after $15M funding round

Brisbane, California-based online publisher and ad firm Glam Media rebranded as Mode Media after raising $15 million in an unannounced funding round from undisclosed investors to launch a new video business in Los Angeles.

American SaaS security startup Vorstack bags $5.2M in funding for real time data protection

Los Altos Hills, California-based software as a service (SaaS) security startup Vorstack bagged $5.2 million in a new funding round led by Glenn McGonnigle and Tom Noonan to ramp up its real time data protection services.


Latest News

Tealium, a San Diego based firm, has received $20 million funding led by Silver Lake Waterman to be used for company expansion which has totaled the investments in $47.5 million.
Mozilla has revealed that it has massively updated the Firefox desktop browsing which has been two years in the making to allow unified look in different devices.
Doximity has received $54 million Series C funding from DFJ and T. Rowe Price which could be the last investment round for the startup before it launches its initial public offering.
Tidemark, a financial forecasting app announced today that it has upgraded its products along with an investment round valued $32 million from investors including Silicon Valley Bank, Redpoint Ventures, Tenaya Capital, Greylock Partners and Andreesen Horowitz.
SOLS, a 3D printing firm delivering customized insoles through its app, has taken in $6.4 million Series A funding from investors led by Lux Capital and joined by Rothenberg Ventures, Grape Arbor VC, FundersGuild, RRE and Felicis Ventures.
Undo Software has received a third round of investment worth $1.25 million led by the co-founder of Skype Jaan Tallinn and existing investors in the company including the Cambridge Angels.
American and Canadian Bitcoin traders and investors have agreed to settle the class-action lawsuits they have filed against the bankrupt Tokyo, Japan-based Bitcoin exchange Mt Gox in return for a 16.5% stake in the firm.
Kaohsiung, Taiwan-based business conglomerate Formosa Plastics Group agreed to acquire a 95% stake in Taiwanese cable network Gala Television Corp (Gala TV) from Swedish private equity firm EQT Partners for an undisclosed amount.
Enterprise platform Brightpearl received new funding valued $10 million led by MMC Ventures and participated by other investors including Quayle Munro, Eden Ventures and Notion Capital.
New York City Mayor Martin J. Walsh announced that he will allocate some space for startups in the Ferdinand Building in Dudley Square after its renovation to encourage more businesses to take root in the community.